Thailand’s exports are expected to rise more than 7% in the third quarter from a year earlier and 6% in the final quarter of the year, lifted by higher global demand and a weaker baht, the Thai National Shippers’ Council said on Tuesday. Exports could grow 10% this year, the group told a briefing, citing […]
Read MoreKUALA LUMPUR: Malaysia is primed to be a major beneficiary of European and UK investments but greater adoption of trade, sustainability, technology and digital trends and reform is required to convert this potential into reality. Speaking at the HSBC European Union (EU) & UK – Asean virtual client roadshow, HSBC Malaysia CEO Stuart Milne (pic) […]
Read MoreThe remaining liquidity of most hotel operators means they will be able to cover operation costs for less than three months, a Bank of Thailand (BoT) survey suggests. The BoT surveyed 220 hotels, among which 17 were alternative state quarantines and three hospitals, between June 14-27. According to the central bank’s hotel operator sentiment index […]
Read MoreRenewable energy output is being reduced even as Vietnam is seeing blackouts as power consumption is off the charts. Numerous areas across Vietnam have been experiencing blackouts due to elevated power consumption breaking historical records during the June heatwaves. The Electricity of Vietnam’s (EVN) National Load Dispatch Centre (NLDC) said the electricity demand across Vietnam […]
Read MoreCompetition between foreign and local professionals, managers and executives (PMEs) is not a zero-sum game, Health Minister Ong Ye Kung told the House on Tuesday, while defending the government’s policy on free trade agreements (FTAs). Specifically, the India-Singapore Comprehensive Economic Cooperation Agreement (CECA) does not oblige Singapore to unconditionally allow entry to PMEs from India, […]
Read MoreA local trade body is working to educate its network and find solutions concerning the EU’s recent removal of a value added tax (VAT) exemption for goods imported into the bloc with a value not exceeding €22 ($26), and the optional Import One-Stop Shop (IOSS) scheme created for low-value consignments. In effect since July 1, […]
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